Hey all, question regarding my loan with Celsius. My "warning

Question

Hey all, question regarding my loan with Celsius. My "warning

state" is at $1100 or so for ETH, margin call is 950 odd. I've got extra eth in my account that I could use to top it up, but I'm worried of a large crash while I'm asleep. Will Celsius automatically just use what's needed in case it drops to 1100?

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12.06.2022

6 ответов

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Nev AltCoinCollege

Read the terms and conditions of your loan.

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12.06.2022

Allan Автор вопроса

T
No they will liquidate your loan instead of doing ...

I know that send a notification at the liquidation price asking for more collateral. I just wanted to know if it's something I could sleep through our they'd at least give a days worth of time to react.

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12.06.2022

Allan Автор вопроса

Nev AltCoinCollege
Read the terms and conditions of your loan.

Read closely, was just looking for clarification, cheers.

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12.06.2022

Xineohp

If you receive an email for a margin call top off your account. If you do not and there is a crash you will be liquidated.

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12.06.2022

Nev AltCoinCollege